PDF SOLUTIONS INC 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Repurchase of Shares of Company Equity Securities On April 11, 2022, the Board of Directors adopted a stock repurchase program (the “2022 Program”) to repurchase up to $35.0 million of the Company’s common stock both on the open market and in privately negotiated transactions, from time to time, over the next two years. The table below sets forth the information with respect to purchases made under the 2022 Program by or on behalf of the Company or any “affiliated purchaser” (as the term is defined in Rule 10b-18(a)(3) under the Exchange Act) of our common stock during the three months ended September 30, 2023. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Approximate ​ ​ ​ ​ ​ ​ ​ Total Number Dollar ​ ​ ​ ​ ​ ​ ​ of Shares Value of ​ ​ ​ ​ ​ ​ ​ Purchased Shares that ​ Total ​ ​ ​ ​ as Part of May Yet Be ​ Number of ​ ​ ​ ​ Publicly Purchased ​ Shares ​ Average ​ Announced Under ​ Purchased ​ Price Paid ​ Programs Programs Period (in thousands) Per Share (in thousands) (in thousands) July 1, 2023 through July 31, 2023 ​ — ​ $ — ​ — $ 18,307 August 1, 2023 through August 31, 2023 ​ 21 ​ $ 34.81 ​ — $ 17,564 September 1, 2023 through September 30, 2023 ​ — ​ $ — ​ — $ 17,564 Total ​ 21 ​ $ — ​ — ​ ​ ​ ​ See Note 5, Stock Repurchase Program , to our unaudited condensed consolidated financial statements in this Quarterly Report on Form 10 Q for more information on the 2022 Program. ​ 40 Table of Contents Item 3. Defaults Upon Senior Securities None. ​ Item 4. Mine Safety Disclosures None. ​